Dubai’s Binghatti Said in Talks With Citi, Morgan Stanley on IPO
PositiveFinancial Markets

Binghatti Holding Ltd., a Dubai-based company, is reportedly in discussions with major banks like Citi and Morgan Stanley to facilitate a potential initial public offering (IPO). This move comes as the company aims to capitalize on the booming real estate market in Dubai, which is experiencing significant growth. An IPO could provide Binghatti with the necessary capital to expand its operations and further invest in the thriving property sector, making it a noteworthy development for investors and the local economy.
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